Browse Tag

european investment bank

UniCredit and EIB: an additional €500 million for Italian mid-caps to tackle the COVID-19 crisis

3 mins read

The FINANCIAL -- UniCredit and the European Investment Bank (EIB) are providing new funding to ensure the resilience of the economy hit by the pandemic and stimulate recovery.…

EIB and HBOR create a new €142.5 mln credit line to support Croatian SMEs

4 mins read

The FINANCIAL — Croatian small and medium enterprises will benefit from a new EUR 142.5 million credit line agreed between the European Investment Bank (EIB) and Croatian Bank for Reconstruction and Development (HBOR) signed today in Zagreb and Luxembourg. This is the second tranche of a EUR 400 million package for SMEs agreed between the…

EIB and EU support modernisation of public infrastructure in Ukraine

2 mins read

The FINANCIAL — A preschool in Bakhmut, a hospital in Vuhledar and a central city library in Mariupol are only 3 of 244 public facilities currently being refurbished in eastern Ukraine thanks to support from the EU and the European Investment Bank (EIB). To date, more than 5.4 million Ukrainians, including nearly 700,000 internally displaced…

EIB to support towns most affected by conflict in eastern Ukraine

1 min read

The FINANCIAL — On 11 November, the board of directors of the European Investment Bank (EIB) approved the EIB Group Climate Bank Roadmap 2021–2025. The roadmap will guide future EIB financing to support €1 trillion of climate action and environmental sustainability investments by 2030, and align all financing activities with the principles and goals of…

The iliad Group and EIB sign €300 mln loan agreement to finance 4G and 5G network rollouts in France

3 mins read

The FINANCIAL — The iliad Group and the European Investment Bank (EIB) have set up a new €300 million loan to help the Group finance its mobile network rollouts in France, particularly to densify its 4G network and deploy its 5G network. Having helped to finance iliad’s fixed network rollouts for over ten years now,…

10 of the world’s largest multilateral development banks increase commitment to road safety

3 mins read

The FINANCIAL — In a virtual meeting, the European Investment Bank (EIB) and nine other multilateral development banks (MDBs) signed a high-level joint statement on road safety, under the auspices of the World Health Organization and the United Nations Road Safety Collaboration.   In the statement, the MDBs welcome the global call for increased road safety action,…

EIB and BDMG support Brazilian SMEs impacted by COVID-19

4 mins read

The FINANCIAL — The new agreement is an amendment to a contract signed in 2019, allowing both institutions to provide flexibility and to widen the eligibility criteria of the current EUR 100m BDMG CLIMATE ACTION Framework Loan II, in order to support and accelerate lending to private sector business, at the onset of the Covid-19 crisis…

EU launches €280 mln financing initiative to support Covid-19 impacted business

5 mins read

The FINANCIAL — As part of Team Europe’s response to the Covid-19 pandemic, eleven members of EDFI, the Association of European Development Finance Institutions, are strengthening cooperation with the European Investment Bank (EIB) to create a new dedicated Covid-19 financing initiative through the existing European Financing Partners (EFP) scheme. The EUR 280 million initiative will…

EIB and COPEAM launch e-learning course for journalists

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The FINANCIAL — An e-learning course for journalists to improve the reporting skills in the field of climate change: this is the goal of the project developed by the European Investment Bank (EIB) and COPEAM. This free professional training will be open to journalists coming from the Mediterranean partner countries and Balkan countries and will be available in English and…

EIB finances ALTUM with €130 mln to help Latvian businesses

4 mins read

The FINANCIAL — Together with the Latvian Ministry of Economy, in mid-March Altum launched a EUR 200m Covid-19 Working Capital Loan Programme, a support mechanism for Latvian businesses impacted by the Covid-19 crisis. To expand the capabilities of this programme to safeguard Latvian businesses and jobs, in July the European Investment Bank lent ALTUM €80 million…

ICC and its partners to launch “Private Sector for Refugees” web portal

3 mins read

The FINANCIAL — The International Chamber of Commerce (ICC) has launched the Private Sector for Refugees (PS4R) web portal to showcase public-private sector collaborations that integrate refugees into the global economy. In collaboration with the European Investment Bank, Danish Industri, the World Bank Group, and the United Nations Refugee Agency, the PS4R web portal will…

EIB and Alba Leasing provide €1 bln for Italian SMEs

5 mins read

The FINANCIAL — €1 billion in new financial resources will be made available to small and medium-sized enterprises (SMEs) and mid-caps thanks to an agreement between the European Investment Bank (EIB) Group and Alba Leasing. The EIB and its subsidiary the European Investment Fund (EIF) have provided the corporate leasing specialist with €490 million via a securitisation financing…

Ricardo Mourinho Félix assigned as Vice-President of the EIB

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The FINANCIAL — Ricardo Mourinho Félix is the new Vice-President and Member of the Management Committee of the European Investment Bank (EIB). He takes up his duties on 16 October, succeeding Emma Navarro, whose mandate ended yesterday. The EIB’s Board of Governors appointed Mr Félix, a Portuguese citizen, on a proposal from the Minister of…

Clean Oceans Initiative shows significant progress

6 mins read

The FINANCIAL — Today at the IMF/World Bank Group meetings, the Agence Française de Développement (AFD), the European Investment Bank (EIB) and KfW acting on behalf of the German Federal Government reported significant progress on the Clean Oceans Initiative. Two new partners Cassa Depositi e Prestiti (CDP), the Italian National Promotional Institution and Financial Institution for…

EU bank supports Europe’s green recovery from the pandemic

4 mins read

The FINANCIAL — In response to the coronavirus pandemic, the EIB quickly deployed a support plan to support the European economy and help meet the most urgent financing needs of regions and municipalities. Recognizing the key role of cities and regions in mitigating the pandemic’s effects, the EIB approved exceptional measures to enable a faster…